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Oasis Capital Ghana Invests in Ghana’s Joyce Ababio College of Creative Design
Oasis Capital Ghana made an undisclosed investment in Joyce Ababio College of Creative Design, a design university college based in Ghana. Read More
AIIM, SAHIF and STOA Acquire 25.8% Stake in South Africa’s Metrofibre from Sanlam and African Rainbow Capital
African Infrastructure Investment Managers (AIIM) along with a consortium comprising South African Housing & Infrastructure Fund (SAHIF) and STOA agreed to acquire a 25.8% interest in MetroFibre Networx, a South Africa-based open access fiber network operator, from Sanlam Private Equity, African Rainbow Capital and a minority shareholder. The transaction follows the ZAR1.5b (~USD97m) investment completed by AIIM, SAHIF and STOA… Read More
UBS, Blackstone, ADQ, Others Invest USD350m in Indian Edtech Byju’s
India-based edtech Byju’s raised USD350m from investors including UBS, Blackstone, ADQ, Eric Yuan (Zoom) and others at a reported USD16.5b valuation. MC Global Edtech Investment Holdings recently led a USD460m tranche of the company’s ongoing Series F. Read More
Multiples Leads USD65m Series F for Indian Meat and Seafood Brand Licious
Multiples Alternate Asset Management led a USD65m Series F for India-based meat and seafood brand Licious, with participation from Brunei Investment Agency, Vertex Ventures and others. Multiples contributed USD32m to the round, while Brunei Investment Agency and Vertex Ventures contributed USD15m and USD10m, respectively. Bertelsmann Netherland, 3one4 Capital and angel investors invested the remaining amount. Read More
General Atlantic Leads USD100m Series C for UAE’s Fresha; MEVP Exits
General Atlantic led a USD100m Series C for UAE-founded beauty and wellness software platform Fresha, with follow-on from Partech, Target Global and FJ Labs. Middle East Venture Partners exited through a secondary sale. Source(s): Read More
Takatso Consortium to Acquire 51% Stake in South African Airways for ~USD221m
The Takatso consortium, which includes Harith General Partners and Global Airways, has agreed to acquire a 51% stake in South African Airways from the South African government for up to ZAR3b (~USD221m). Read More
Lightrock Leads ~USD138.6m Series C for Brazilian Bus Ticketing Platform Buser
Lightrock led a BRL700m (~USD138.6m) Series C for Buser, a Brazil-based bus ticketing platform, with participation from Iporanga Ventures and follow-on from SoftBank, monashees, Valor Capital Group, Globo Ventures and Canary. Read More
SIG and Openspace Lead Series B for Philippine Live Streaming App Kumu
SIG and Openspace Ventures led an undisclosed Series B for Kumu, a live streaming app based in the Philippines, with participation from Gentree Fund and Endeavor Catalyst Fund, and follow-on from Summit Media, Kickstart Ventures, Foxmont Capital Partners and Gobi-Core Philippine Fund. Read More
DFC Commits USD30m to Openspace Ventures Plus
DFC has committed up to USD30m to Openspace Ventures Plus, a vehicle managed by Openspace Ventures. The fund has an initial target of USD200m and will focus on mid- and later-stage venture investments in the technology sector across Southeast Asia. Read More
Carlyle and TPG Lead ~USD126m Investment in South Korea’s Kakao Mobility
A consortium of investors led by the Carlyle Group and TPG led a KRW140b (~USD126m) investment in South Korea-based transportation firm Kakao Mobility. Read More
H Capital Leads USD300m Round for Chinese Car Trading Platform Chehaoduo
H Capital led a USD300m round for China-based car trading platform Chehaoduo, with follow-on from Sequoia Capital China and IDG Capital. Read More
PAG-Backed Youran Dairy Raises USD643m in HKEX IPO
China Youran Dairy Group, a China-based upstream dairy company backed by PAG, has raised USD643m in its HKEX IPO. Read More